Quarterly report pursuant to Section 13 or 15(d)

Stock Options (Tables)

v3.21.1
Stock Options (Tables)
6 Months Ended
Feb. 28, 2021
Share-based Payment Arrangement [Abstract]  
Schedule of exercise price

Quantity

 

 

Exercise Price $

 

 

Life (Years)

 

 

3,400

 

 

 

4.80

 

 

5

 

Schedule of stock options

 

 

Options

 

 

Weighted Average Exercise Price $

 

 

Weighted Average Remaining Contractual Term (Years)

 

 

Aggregate Intrinsic Value $

 

Balance August 31, 2019

 

 

166,767

 

 

 

21.30

 

 

 

 

 

 

 

Cancelled/expired

 

 

(149,437 )

 

 

29.51

 

 

 

 

 

 

 

Exercised

 

 

(7,333 )

 

 

4.09

 

 

 

 

 

 

 

Granted

 

 

161,600

 

 

 

11.66

 

 

 

 

 

 

 

Balance August 31, 2020

 

 

171,604

 

 

 

11.17

 

 

 

 

 

 

 

Cancelled

 

 

(2,000 )

 

 

12.90

 

 

 

 

 

 

 

Granted

 

 

3,400

 

 

 

4.80

 

 

 

 

 

 

 

Balance February 28, 2021 (Outstanding)

 

 

173,004

 

 

 

11.03

 

 

 

3.82

 

 

 

30,812

 

Balance February 28, 2021 (Exercisable)

 

 

164,970

 

 

 

10.30

 

 

 

3.86

 

 

 

41,550

 

Schedule of fair value of options granted

 

 

February 28

2021

 

Expected volatility

 

 

134 %

Risk-free interest rate

 

 

0.42 %

Expected life

 

5 years

 

Dividend yield

 

 

0 %

Estimated fair value per option

 

$ 4.00